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Earnings Per Common Share | 6 Months Ended
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Jun. 30, 2020
Earnings Per Common Share [Abstract] |
Earnings Per Common Share | NOTE 19 – EARNINGS PER COMMON SHARE The calculation of earnings per common share for the quarters and six-month periods ended June 30, 2020 and 2019 is as follows:
| Quarter Ended June 30, |  | Six-Month Period Ended June 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
| (In thousands, except per share data)
Net income | $ | 21,787 |  | $ | 23,979 |  | $ | 23,588 |  | $ | 47,449
Less: Dividends on preferred stock |  |  |  |  |  |  |  |  |  |  |
Non-convertible preferred stock (Series A, B, and D) |  | (1,628) |  |  | (1,628) |  |  | (3,256) |  |  | (3,256)
Income available to common shareholders | $ | 20,159 |  | $ | 22,351 |  | $ | 20,332 |  | $ | 44,193
Average common shares outstanding |  | 51,336 |  |  | 51,330 |  |  | 51,370 |  |  | 51,317
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |
Average potential common shares-options |  | 134 |  |  | 350 |  |  | 214 |  |  | 335
Total weighted average common shares outstanding and equivalents |  | 51,470 |  |  | 51,680 |  |  | 51,584 |  |  | 51,652
Earnings per common share - basic | $ | 0.39 |  | $ | 0.44 |  | $ | 0.40 |  | $ | 0.86
Earnings per common share - diluted | $ | 0.39 |  | $ | 0.43 |  | $ | 0.39 |  | $ | 0.86
For the quarter ended June 30, 2020, weighted-average stock options with an anti-dilutive effect on earnings per share not included in the calculation amounted to 6,164. For the quarter ended June 30, 2019, Oriental did no t have weighted-average stock options with an anti-dilutive effect on earnings per share. For the six-month periods ended June 30, 2020 and 2019, weighted-average stock options with an anti-dilutive effect on earnings per share not included in the calculation amounted to 2,688 and 47,420, respectively.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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